nifty financial services

Dalal Street Week Ahead: 18,600 breakout point for Nifty

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Dalal Street Week Ahead: 18,600 breakout point for Nifty

In the previous technical note, it was categorically mentioned that it would be crucial to see if Nifty can keep its head above 18600 levels to extend and confirm the breakout that it has attempted. This being said, despite a strong relative outperformance from the Nifty Bank Index, the Nifty has delayed its breakout as … Read more

Dalal Street Week Ahead: Use rallies to take money off the table, instead of buying afresh

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Dalal Street Week Ahead: Use rallies to take money off the table, instead of buying afresh

Nifty’s trading range remained wider than usual during the week gone by, but it took a serious cut on Friday’s session. Despite that, the index managed to close the week on a positive note. In the previous weekly note, we had mentioned that Nifty was trading inside the Falling Channel that it had created, and … Read more